This restaurant boasts an impressive, newly installed, and state-of-the-art commercial kitchen. The chef can prepare his culinary delights for the in-house diners while the separate catering kitchen can operate simultaneously. Additionally, all new air-conditioning units were installed to maintain a comfortable temperature for employees and guests alike. This venue is perfect for all types of corporate or private events and celebrations. The addition of 600 new high-end, resort-style family condos, nearing completion, in the same plaza is attracting high-net-worth families. The completion of that project will secure tremendous organic scalability. This destination location offers a luxurious venue that is becoming a popular spot for locals and tourists alike. Guests receive an eclectic Latin-style culinary adventure with each visit. This, combined with its lounge, nightclub with music and dancing, and specialty cocktail bar, all in one spot, ensures guests will enjoy a memorable experience. The unparalleled presentation and attention to detail make every visit feel like a special event.
- Asking Price:
- $1,150,000
- Sales Revenue:
- $3,118,284
- Cash Flow:
- $401,829
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
7 years with 5 year option
- Leasehold Rent:
-
$207,960 per annum
- Location:
-
5,560 sq. ft. Stand Alone building adjacent to shopping Center
- Premises Details:
-
5,560 sq. ft. Stand Alone building adjacent to shopping center.
- Size in square feet:
- 5,560
Business Operation
- Expansion Potential:
-
Expand catering division.
The National Restaurant Association projects 2030 restaurant sales to increase to $1.2 trillion dollars, up from $789 Billion dollars in 2021 and provide employment opportunities for more than 17 million individuals.
- Competition / Market:
-
Positive reviews from guest appreciating the atmosphere, attentive wait staff and flavorful dishes. Restaurants are an integral part of our social fabric; 6 in 10 adults say restaurants are an essential part of their lifestyle.
- Reasons for selling:
-
Seller doesn't have time to dedicate to this business.
- Employees:
- 13
- Years established:
- 2022
Other Information
- Support & training:
-
Seller will provide two weeks of training at zero cost
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
For qualified buyer
- Furniture / Fixtures value:
- $247,000
- Inventory / Stock value:
- $10,000
